This session will demonstrate how health care facility managers can enhance margins through the concept of value analysis, which looks at current operating expenses to uncover potential cost savings without significant effect on the overall organization. This discussion will focus on the purchased services aspect of value analysis. Standard tools used for collecting data, preparing the business case, and developing an executive summary will be highlighted to help attendees create and develop their own value analysis projects.
Identify savings opportunities
Use the tools provided as templates for data collection
Develop a comprehensive business case
Build an executive-level presentation for review by senior leaders